SAP

SAP SE fell roughly 50% from its 2025 peak on AI disruption fears and weaker cloud backlog growth, and even after the rebound it trades about 30% below the peak. Q2 was better than feared, with current cloud backlog up 26% and cloud revenue up 24%, but guidance depends on a Middle East de-escalation that hasn't really happened. SAP's AI plan looks serious, but as an old company with over 110,000 employees, execution is the main risk, and it isn't part of the AI build-out.

STOCKHOLM, Oct. 13, 2026 /PRNewswire/ -- Sinch AB (publ) announces that Rich Communication Services (RCS) is now available as part of its native integration with SAP Engagement Cloud, expanding Sinch's existing SAP partnership with a new messaging channel. The integration also creates new opportunities for AI-driven, conversational customer experiences, combining RCS with the broader omnichannel capabilities of SAP Engagement Cloud.

Asian stocks dropped, tracking the weakness in U.S. technology stocks, as simmering geopolitical tensions continued to weigh on appetite for risky assets.

SAP's planned TechWolf acquisition aims to strengthen AI-driven talent management, skills mapping and workforce planning as enterprises adopt AI.

SAP (NYSE:SAP), the enterprise applications company, has agreed to acquire TechWolf, a Ghent-based provider of an artificial intelligence (AI) work intelligence platform, though the companies did not disclose the terms of the deal. The deal is expected to close in the fourth quarter of 2026, subject to customary closing conditions, including regulatory approval.

WALLDORF, Germany and GHENT, Belgium, Oct. 6, 2026 /PRNewswire/ -- SAP SE (NYSE: SAP) and TechWolf today announced they have entered into an agreement for SAP to acquire TechWolf, provider of a leading AI work intelligence platform. TechWolf gives enterprises a continuously updated view of the work their people do and the skills they have, using its proprietary data model called context graph for work.

Tereina, a payments company in which SAP owns a stake, on Tuesday ​launched technology that lets businesses pay ‌suppliers, employees and affiliates directly from their SAP software in traditional currencies or stablecoins.

Joule Work, Joule Assistants and SAP Business AI Platform help organizations turn business AI into trusted outcomes across every core function. LAS VEGAS, Oct. 6, 2026 /PRNewswire/ -- SAP SE (NYSE: SAP) today showcased the Autonomous Enterprise in action at SAP Connect, demonstrating how Joule Work and Joule Assistants generate value for customers across every line of business.

HANOI, Vietnam--(BUSINESS WIRE)---- $FPT #FPT--Global technology corporation FPT has been included among the notable providers in The SAP Services Landscape, Q3 2026, published by Forrester Research, Inc. The report provides an overview of SAP services providers, examining their market focus, geographic presence, and business specializations to support enterprises in evaluating potential technology partners. The report includes FPT as a systems integrator with an Asia Pacific geographic focus and an industry.

SAP's cloud revenue surged 24% in Q2 as AI capabilities, ERP migrations and new agents strengthen its growth strategy.